Friday, February 07, 2025

Recipe for radicalism: Jordan's king to warn Trump over Gaza plan | REUTERS

Deja Vu: Kubrick's 'Clockwork Orange' |

 May be a doodle of ‎text that says '‎ትስ EA Y-4 ثرمیج ELON AND TEAM DOGE ELONANDTEAMBOLE Dou PROWL THE HALLS oF U.S. TREASURY‎'‎

Flexjet and Embraer Firm Deal Valued up to USD $7 Billion

Embraer Executive Jets, a division of Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) announced today a purchase agreement with Flexjet, a global leader in private jet travel 

Announcement of Embraer Netherlands Finance B.V.'s Pricing of  US$650,000,000 of 5.980% Notes Due 2035 -February 07, 2025 at 03:45 am EST  | MarketScreener

Embraer and Flexjet Sign Agreement Valued at Up to $7Bn 

Embraer and Flexjet Sign Agreement Valued at Up to $7Bn

  • Representing the largest firm order for both companies and reaffirming Flexjet's long-standing commitment to Phenom and Praetor jets
  • Flexjet reinforces its commitment to Embraer as first fleet customer for Praetor jets and introduces the improved Phenom 300E into its global portfolio
  • New deal is valued at up to USD $7 billion, including a firm order of 182 aircraft and 30 options, and an enhanced suite of services and support
  • With this historic order, Flexjet's fleet size will nearly double in the next five years

Embraer Executive Jets, a division of Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) announced today a purchase agreement with Flexjet, a global leader in private jet travel. 
  • The deal commitment comprises a fleet of Embraer business jets, which includes the Praetor 600, Praetor 500 and Phenom 300E models, as well as an enhanced services and support agreement. 
  • This firm order of 182 aircraft and options for another 30 will nearly double the size of Flexjet’s fleet in the next five years.
The agreement is valued at up to USD $7 billion at current list prices and includes an enhanced services and support agreement. 
  • Not only is this the largest order Flexjet has placed in its 30-year history, but it is the largest order to date for Embraer Executive Jets. 
  • Flexjet reaffirms its longstanding commitment as Embraer’s Praetor fleet launch customer and now introduces the enhanced Phenom 300E model to its growing global portfolio.

“We are delighted with Flexjet’s renewed commitment to Embraer through this comprehensive purchase agreement, which strengthens even further our strategic partnership of over 20 years,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “We are very excited to have many more loyal Flexjet fractional owners enjoy access to our industry-leading Phenom and best-in-class Praetor jets.”

Global Business Jets - Market and Technology Forecast to 2028

Global Business Jets - Market and Technology Forecast to 2028

Including Supersonic Jets, Product Analysis, and Market Forecasts by Region (incl. MRO), End-User, Component, No. of engines, and by Class. Current Market and Technology Overview, Opportunity Analysis, COVID-19 analysis, and Leading Company Profiles

The partnership between Embraer and Flexjet dates back to 2003, when Flight Options, which merged with Flexjet in 2015, became the first fractional ownership program to introduce the Legacy executive jet. 
  • This longstanding partnership has grown significantly over the years and continues today with a growing presence of Praetor 600’s, Praetor 500’s and Phenom 300/E series aircraft in Flexjet’s global fleet.

“Now in our 30th year at Flexjet, it seems fitting to extend our rewarding and long-term relationship with Embraer with this historic and groundbreaking firm order. In fact, since 2003, we have accepted delivery of more than 150 Embraer aircraft,” said Michael Silvestro, CEO of Flexjet. 

“Both the Praetor 500 and 600 are high performers in the Flexjet fleet. In fact, the Praetor 600 was so well accepted in Europe, we opted to include it in our North American fleet in 2023, extending our Embraer fleet across two continents. And as the first fractional provider of the Praetor 500, our maintenance technicians and our pilots are intimately familiar with the aircraft and are looking forward to the continued growth of this fleet.”

Flexjet has a history as being the launch customer for three mainstay Embraer products – the Legacy Executive in 2003, the Phenom 300 in 2010, the Legacy 450 in 2016 and the Praetor 500 / 600 in 2019. 
In fact, Flexjet has helped usher in key milestones with 
  • Embraer via the 100th milestone Phenom 300 delivery in 2012 and 
  • the 1,000th Embraer executive jet, a Legacy 500, in 2016. 
These aircraft have each broken barriers in their respective classes with the Phenom 300 seeing its 12th consecutive year as the most delivered light business jet in the world, according to numbers released by GAMA (General Aviation Manufacturing Association). 
 
The Legacy 450 and Legacy 500 were both the first fly-by-wire aircraft for the Flexjet fleet, offering performance capabilities of larger aircraft with mid-sized economics.

Publish date: Feb 5, 2025
Embraer
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Embraer a 'great solution' for carriers to add capacity more quickly, CEO says | Reuters
Embraer a 'great solution' for carriers to add capacity more quickly, CEO  says | Reuters
🚀 Orgulho nacional! A Embraer acaba de fechar um contrato histórico de até  R$ 40 bilhões com a Flexjet, uma das maiores empresas de aviação executiva  do mundo! Serão 182 jatos brasileiros

THE LEGAL IMPLICATIONS >> From DOGE to USAID: Are Trump’s Executive Actions Legal? | Amanpour & Company

CARTOON CAROUSEL: The nation’s cartoonists on the week in politics By POLITICO Staff ,,, 14 more

Every week political cartoonists throughout the country and across the political spectrum applying their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. 
The fruits of these labors are hundreds of cartoons that entertain and enrage readers of all political stripes. 
Here's an offering of the best of this week's crop, picked fresh off the Toonosphere. 
Edited by Matt Wuerker.
By POLITICO STAFF
02/07/2025 05:00 AM EST

 Political cartoon

 Political cartoon

Political cartoon

FRANCE24 REPORT: UN calls on US to reverse ICC sanctions

 The ICC has condemned Trump's executive order imposing US sanctions on the court over its actions against Israel
The executive order seeking to impose sanctions on its officials harms the court's "independent and impartial judicial work," said a statement. The ICC "stands firmly by its personnel and pledges to continue providing justice and hope to millions of innocent victims of atrocities across the world," the statement added.

Live: UN calls on US to reverse sanctions slapped on ICC for ‘illegitimate’ Israel probe

Middle East
Le bâtiment de la Cour pénale internationale (CPI) est photographié le 21 novembre 2024 à La Haye.
File photo of the International Criminal Court (ICC) building in The Hague taken November 24, 2024. © Laurens Van Putten, AFP

The UN on Friday said it deeply regretted President Donald Trump's decision to impose US sanctions on the International Criminal Court (ICC) and urged him to reverse the move. The response came hours after Trump signed an executive order slapping sanctions on The Hague for "illegitimate" investigations targeting the US and Israel. Follow our liveblog for all the latest developments on the Middle East.

  • US President Donald Trump signed an executive order imposing sanctions on the International Criminal Court (ICC) over the court's "illegitimate and baseless actions targeting America and our close ally Israel". The Hague had "abused its power" by issuing an arrest warrant for Israeli Prime Minister Binyamin Netanyahu, the order said.
  • The ICC on Friday condemned the US executive order and vowed to "continue providing justice and hope to millions of innocent victims of atrocities across the world".
  • The UN human rights office said it deeply regretted the US sanctions against the ICC and called for a reversal of the decision.
  • Israeli Foreign Minister Gideon Saar on Friday praised Trump for imposing sanctions on the ICC, calling the court's actions against Israel "immoral" and illegitimate.

  • US Secretary of State Marco Rubio will pay his first visit to the Middle East this month, the State Department said late Thursday. Rubio will attend the Munich Security Conference and then visit Israel, the UAE, Qatar and Saudi Arabia from February 13-18.
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Trump's sanctions against ICC come during Netanyahu’s US visit

Reuters: Latest Articles, Analysis and Profile | South China Morning Post

Reuters: Latest Articles, Analysis and Profile | South China Morning Post

LEGAL ROADBLOCKS: Trump’s buyout plan for federal workers temporarily blocked by court

 

The plaintiffs asked O’Toole to declare that the offer “as issued” is not legal, and remand the directive back to OPM “to provide a reasoned basis for the Directive and extend the deadline accordingly, and until such time as Defendants provide an adequate justification for the Directive.”

Judge pauses Trump federal employee buyout offer pending court hearing

 
Key Points
  • A federal judge in Boston paused nationwide the Trump administration’s offer of buyouts to federal employees, less than 11 hours before the deadline for workers to accept the deal.
  • Judge George O’Toole Jr., said that his injunction pausing the plan would continue until at least a court hearing Monday, when he will consider arguments on the legality of the buyout.
  • More than 60,000 people — about 3% of the federal workforce — have accepted the offer, which is a key part of efforts by President Donald Trump and Elon Musk to reduce the size of the government.


Trump supporters walk near the U.S. Capitol building as the sun sets the day U.S. President Elect Donald Trump was declared the winner of the presidential election in Washington, U.S., November 6, 2024.
Leah Millis | Reuters


A federal judge in Boston on Thursday paused nationwide the Trump administration’s offer of buyouts to federal employees, less than 11 hours before the deadline for workers to accept the deal.

Judge George O’Toole Jr., said his injunction pausing the plan would continue until at least a court hearing Monday, when he will consider arguments by employee unions challenging the legality of the buyout, and by a lawyer for the Trump administration defending the plan.

O’Toole’s order Thursday came at a brief hearing, and as more than 60,000 people — about 3% of the federal workforce — have accepted the offer. . .
 
Judge temporarily blocks Trump's federal government employee buyout – DNyuz